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Show ik aUStm lifiHdli - "Tlrtl ,y. MWMtifm The National Enterprise , June 23, 1976 Page nine not? Helix in Search of Acquisition DENVER Helix Tech- nology Corp. of Waltham, Mass., plans to get hotter by staying cool. But cool to this firm, known as Cryogenic Technology Inc. until June 7, means temperatures as low as 459 degrees below zero, fahren-hei- t, the firms president, Richard Cole, told securities analysts in Denver. By getting hotter. Cole said, the firm plans to try and keep up with its performance last year when earnings doubled and sales and backlogs increased. Sales have grown from around $5 million six years ago, he said, and should be into the $20 million range this As a conservative year. guess, he added, sales could double in three to five years from internal growth alone, and the company plans more than internal growth. At the past annual meeting, shareholders authorized a doubling of the companys Nuclear Services Wins Contracts Continued From Page Two requirements for the several plant projects. -- The Mexican Nuclear Regulatory Commission, Institute Nacional de Energia Nuclear (INEN) awarded NSIC a contract to provide consulting services for the Laguna Verde Nuclear Power Plant. NSIC will evaluate the adequacy of the Category I h 4 outstanding shares, from the when it bought another compresent 2.5 million to 5 mil- pany, Cryogenic Engineering lion, and authorized directors Co. of Denver, now its smalto issue 2 million shares of lest subsidiary. Also called Crvenco, the preferred stock, in case a good acquisition prospect comes firm makes small containers for cryogenic materials, supalong. And, Helix is looking ercooled gases that are so cold actively for such a prospect, they become liquids. It acpossibly in the oil and gas counts for 10 percent of the field. Cole said, or in some parent firms business. other resource recovery indThe largest business porustry - any field in which the tion comes from the parent expertise of the company and firms cryogenic activities, its research department can which generally are based on be of use. two benefits from extreme The firm has a sound cold. financial program, he continThe first is that is has the ued. It has paid down $1 ability to make electrical w ire million in debt since the first superconductive, with little or of the year and now is debt no losses in the ability to carry free. electricity and no heat loss. Its present backlog of The second is that exorders is the highest in its treme cold can make some history at $18 million. alloys more sensitive to light Frequently, because of or heat or radio waves. the special nature of its work, For instance, in the first the company hasbeen successapplication, the firm is workful in persuading some of its ing with the Energy Research larger customers to provide and Development Administrasome of the working capital in tion and the U.S. Navy to try its projects. and develop a 40,000 horseThe company was started power electric motor that is first as a division of the only three feet in diameter. The motor can be made engineering firm of Arthur D. Little. It later became a much smaller because supersubsidiary of that company conductivity allows the manuand was turned over to the facturer to build it with much parent companys Memorial smaller wire. It is designed, Cole said, Drive Trust Fund, which still owns 59 percent of its stock. to fit into the pontoon of a Continued on Page Twelve It went public in 1972, computer code programs, PIPERUP and Two PRTHRUST, have been purchased from NSC by Empre-sario- s Agrapados (Agrapa-cion- ) P.O. Box 10622 Reno, NV. 89510 JUST PUBLISHED 'INVESTING IN THE GREAT NORTHWEST." NOW . . . FOR THE FIRST TIME. A DEFINITIVE BOOK THAT ANALYZES EXCITING INVESTMENT OPPORTUNITIES IN THE DYNAMIC, RESOURCE-RICSEVEN STATE REGION OF THE PACIFIC NORTHWEST (INCLUDING ALASKA). H ABOUT THE AUTHORS. INVESTING IN THE GREAT NORTHWEST is a new approach to Investment guidance, bringing together in 320 entertaining and readable pages Information indispensible to any businessman interested in this region. Discusses over 200 public companies With over 2 billion shares of stock Over $30 billion annual sales Paying over $1 billion annual dividends and Interest Moral SHANNON P. 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ROSS to a nattafwNy-know- n oocurlty anatyel and financial writer end Director ot Roooarch .. yuto aiBOTrigv wwv a nw iotm uses tor e nianber of yeara Ho to a member ot the Denver Society at Security ot AnelyetaandhaahadSOyoareeepert anea to the bwaatnwnt bualnoaa Roea to author at the book, "tovaoHng to Law Rlefc Qiwwth I State City V NOT SATBFEO. RETURN I Zip BOOK WITHIN I 30 DAYS FOR A REFUND Truck Line specializes in the transportation of specific commodities, including steel, machinery, construction and mining equipment, forest products, agricultural machinery and a variety of other products. Hauling heavy odd shaped loads is our business and we've become experts at it. The fact that weve now grown to where we rank in the top 10 percent of the over 500 Class 1 Specialty Commodity carriers in the United States is indicative of our success. We'd like you to become better acquainted with and invite you to send for our annual report. Write or call: Mr. Norton F-- B Parker Truck Line 1945 South Redwood Road Salt Lake City, Utah 84104 F-- B These and other Nuclear Services developed computer programs are used in the design of piping systems and provide the user with the latest computer modeling techniques while saving hundreds of man hours over traditional analysis methods. The purchase of these programs by Agrapacion also includes training of their personnel at NSCs Campbell office followed by more exten- sive training by Nuclear Services personnel in Agrapa-cion- s Madrid office. Nuclear Services Corpor- ation is an international L . ? I I in Madrid, Spain. energy consulting firm offering specialized engineering, technical and management services in the design, construction and operation of nuclear power plant facilities. IN In Does the difficult daily! F-- B I THE GREAT NORTHWEST: TRUCK LINE structures of the Laguna Verde Nuclear Power Plant. The object of this review and evaluation is to fulfill requirements that will allow INEN to issue a construction permit to Comision Federal de Electricidad CFE for the Laguna Verde Nuclear plant. 1 An Active Exploration Company Interested In Gold Prospects 975 ANNUAL REPORT available upon request We do the difficult daily! |